68750 Fortuna Road, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 2 bath

68750 Fortuna Road, Cathedral City, California 92234 home-pic-0
ACTIVE$519,000$1,565/sqft
Est. Value: $467,839
-9%
AboveEstimate
68750 Fortuna Road, Cathedral City, California 92234
3Beds
2Baths
1,565Sqft
7,841Lot

Price Vs. Estimate

The estimated value ($467,839.305) is $51,160.695 (9%) lower than the list price ($519,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1565.
Top Cons:
Property Age: Built in 1985, the property may have original systems (e.g., HVAC, plumbing, electrical) that could require future maintenance or upgrades, despite cosmetic updates.

Compared to the nearby listings

Price:$519.0K vs avg $545.0K ($-26,000)42%
Size:1,565 sqft vs avg 1,789 sqft33%
Price/sqft:$332 vs avg $30865%

More Insights

Built in 1985 (41 years old).
Condition: The property, built in 1985, is well-maintained and clean, but many interior elements are significantly dated. The kitchen features older white appliances (except microwave), dated white cabinets, beige tile countertops and backsplash, and an outdated fluorescent ceiling light. One bathroom has a newer vanity and walk-in shower, but the other bathroom retains an older vanity, gold-framed shower doors, and dated tile. Flooring consists of dated beige tile in living areas and worn carpet in bedrooms. While functional and move-in ready, it requires substantial cosmetic updates to meet current buyer expectations and modern styles.
Year Built
1985
Close
-
List price
$519K
Original List price
$519K
Price/Sqft
$332
HOA
-
Days on market
-
Sold On
-
MLS number
219140182DA
Home ConditionFair
Features
Good View: Peek-A-Boo
Pool
Spa
Patio
ViewPeek-A-Boo

About this home

OWNED SOLAR and MOTIVATED SELLER!Welcome to this gorgeous home located in the desirable Panorama neighborhood. Boasting soaring ceilings and a bright, open layout, this residence offers 3 spacious bedrooms and 2 bathrooms, including a primary suite with a walk-in shower. A tasteful blend of tile and carpet flows throughout, adding both comfort and style.Step outside to your private backyard retreat featuring a sparkling pool and spa surrounded by mature fruit trees--perfect for relaxation or entertaining. Centrally located, you'll enjoy being just minutes from casinos, world-class golf courses, fine dining, and premier entertainment.This home truly has it all and is ready to be enjoyed!(Owner will consider a month to month lease)

S
Sondra Bittner
Listing Agent

Nearby schools

5/10
Landau Elementary School
Public,K-51.1mi
6/10
Sunny Sands Elementary School
Public,K-51.2mi
6/10
Rio Vista Elementary School
Public,K-51.4mi
5/10
James Workman Middle School
Public,6-81.3mi
5/10
Rancho Mirage High
Public,9-122.1mi
6/10
Cathedral City High School
Public,9-122.7mi
4/10
Desert Learning Academy
Public,K-123.7mi
Condition Rating
Fair

The property, built in 1985, is well-maintained and clean, but many interior elements are significantly dated. The kitchen features older white appliances (except microwave), dated white cabinets, beige tile countertops and backsplash, and an outdated fluorescent ceiling light. One bathroom has a newer vanity and walk-in shower, but the other bathroom retains an older vanity, gold-framed shower doors, and dated tile. Flooring consists of dated beige tile in living areas and worn carpet in bedrooms. While functional and move-in ready, it requires substantial cosmetic updates to meet current buyer expectations and modern styles.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1565.
Owned Solar System: The property benefits from an owned solar system, offering significant energy cost savings and environmental advantages.
Private Backyard Oasis: Features a sparkling pool and spa, complemented by mature fruit trees, creating an ideal private retreat for relaxation and entertaining.
Desirable Location: Centrally located in the Panorama neighborhood, providing convenient access to casinos, world-class golf courses, fine dining, and premier entertainment.
Bright & Open Layout: Boasts soaring ceilings and a bright, open floor plan, enhancing the sense of space and modern living.
Primary Suite Feature: Includes a primary suite with a walk-in shower, adding a desirable and functional amenity for homeowners.

Cons

Property Age: Built in 1985, the property may have original systems (e.g., HVAC, plumbing, electrical) that could require future maintenance or upgrades, despite cosmetic updates.
Partial Carpet Flooring: The presence of carpet in some areas, while described as 'tasteful,' might not appeal to all buyers who prefer hard flooring throughout, especially in a desert climate.
Potential Occupancy Uncertainty: The owner's consideration of a month-to-month lease could introduce complexities for buyers seeking immediate occupancy or those not interested in managing a tenant.
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